Re: When can you be confident that you are a winner?
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Nope. 374x$110 bet = $41140.
2644/41140= 6.43%.
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I would adjust my unit when my bankroll has grown 20%, and never adjust when my bankroll is down.
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I prefer to resize everyday when you are betting a small unit size, but plenty of people use thresholds and there's not really anything wrong with it. However, not adjusting when you are losing is a recipe for disaster.
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I disagree. It would take a monumental downswing for me to lose 100 units (one that I haven't seen to this date). I have lost over 50 a few times however. If I had adjusted my unit when I was losing, I would have had to win SIGNIFICANTLY more bets than I otherwise would have to get back to even. I think adjusting when you are down just makes it one big teeter totter. When I lose, and don't adjust, I only have to win back the bets I lost. If I do adjust, I have to win back more than I lost.
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